Physical Therapy Practice - Two Locations

Not Disclosed, MA
Middlesex County

Middlesex County

Asking Price: Annual Revenue:
$775,000 $839,276

Services: Medical, Dental

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RE: Physical Therapy Practice - Two Locations Broker: Kevin Dougherty

Quick Facts

Asking Price: $775,000
Annual Revenue: $839,276
Net Profit: Not Disclosed
Cash Flow: $287,286
Total Debt: Not Disclosed
FF&E: $33,034
Real Estate: Not Disclosed
Year Established: 2003
Employees: 7
BBN Listing #: 42214955
Broker Reference #: 3002-14803

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Business Overview:

Two office growing Physical Therapy Practices located in Greater Boston and in close proximity to each other. The practice focuses on rehabilitative care in the following specializations: Pediatric, Geriatric, Vestibular, Orthopedic, Post-Surgical, neuromuscular, women's health and Craniosacral therapy. The practice has enjoys a highly regarded local brand and growth over the past several years.
Revenue has grown from $696,000 in 2016 to $832,000 in 2018.

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Property Features and Assets:

The practice has two facilities in adjacent towns close to Boston. 1. 2,500 square feet, lease term 5 years rent $4,850; 2. 1,200 square feet, lease term 3 years rent $3,700; Both facilities have ample parking and located in urban towns that allows patients to walk to the facility. Total Assets Included: $33,034.

Market Competition and Expansion:

Therapy practices compete with similar services provided by hospitals, physician offices, nursing homes, home health services, chiropractors and educational institutions that employ their own therapists. The practice compete with a strong local brand, specialization of services and excellent and enduring referral sources. The practice has many attributes which will contribute to growth: Favorable Demographics: the aging population; the US population 65 and older is expected to increase by about 49% between 2016 and 2030, compared to a 10% growth in the general population. Demand for health care is rising as our population ages. Specialization: Physical therapists can differentiate their practice from competing therapy providers by specializing in a particular area of physical therapy. The practice has clearly established itself as providing specialty services, as listed above. This specialization allows therapists to focus marketing and referral cultivation efforts and better tailor their services to patient needs. Complementary Products & Services: The practice has introduced massage therapy as an additional offering to patients. Cost Control: US health care reform measures aim to limit medical spending by encouraging shorter hospital stays and lower cost treatment options. The practice has marketed itself as a low-tech, less expensive way to prevent disabilities and speed patient recovery from injuries. Successful rehabilitation can result in cost savings throughout the health care system. This bodes well for future growth in the practice.

Reason for Selling:

Owners relocating.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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